The German energy company issued €650 million in green bonds maturing in May 2031 with a coupon rate of 3.475%, and another €650 million tranche maturing in May 2036 with a rate of 4.053%.
This second euro bond issuance of the year covers most of the remaining financing needs for 2026. The company has diversified its funding sources beyond the eurobond market, raising approximately €1.4 billion from alternative sources since the start of the year.
"Despite market volatility in recent months, we have already covered most of our financing needs for 2026," said Nadia Jakobi, CFO of E.ON. "By diversifying our funding sources, we ensure efficient and sustainable access to capital markets for financing our investment programme."
Green financing instruments accounted for 72% of the funds raised, significantly exceeding the company's 50% target. This positions E.ON well above its objective of obtaining over half of its annual financing through green bonds and confirms its role as a key player in Europe's energy transition.
The proceeds from both green bond tranches will finance eligible green projects as defined in E.ON's Green Finance Framework, which is fully aligned with EU taxonomy. Commerzbank, Crédit Agricole CIB, Goldman Sachs Bank Europe SE and J.P. Morgan acted as active bookrunners for the transaction.
